Solar net-metering in Greece on the rise

9/20/18, 2:17 PM -

Hanwha Q CELLS supplied one of the largest net-metering projects in Greece, a 500 kW PV installation at an aluminum factory.

Q.PLUS-G4.3 multicrystalline solar modules power a 500 kW installation at the Exalco Aluminum factory in Larisa, Greece. It is one of the largest net-metering projects in the country.
Q.PLUS-G4.3 multicrystalline solar modules power a 500 kW installation at the Exalco Aluminum factory in Larisa, Greece. It is one of the largest net-metering projects in the country.

More than 1,750 Q.PLUS-G4.3 multicrystalline solar modules of the Q CELLS brand were selected by Greek solar distributor and EPC Company Active Energy Solutions for installation at a 500 kW solar array at the Exalco Aluminum factory in Larisa, Greece.

Exalco is one of the largest manufacturing firms in the country, and with this large solar PV array – which was installed in just two months and is now grid-connected – has signaled its intent to help accelerate Greece’s renewable energy journey, which is once again picking up pace.

Applications for 300 MW

Recently, Greece energy regulator RAE received applications for 300 MW of solar PV to be tendered throughout 2018, building the foundations for more large-scale solar capacity to be added in 2019. The country’s net-metering scheme, meanwhile, continues to deliver a sizeable portion of PV electricity to the grid.

Restart growth in the Greek solar sector

Vassilis Lazaridis, Sales Representative, Greece, Hanwha Q CELLS, said, “Greece’s reverse solar auctions and long-standing net-metering scheme are proving to be positive and pivotal tools in helping to restart growth in the Greek solar sector. The new FIT rates are very competitive, while projects such as this 500 kW Exalco installation highlight just how vital solar energy can be in helping businesses lower their energy bills.” (HCN)

Stay informed, get our free newsletter twice a week, register here

More useful information

https://www.pveurope.eu/News/Markets-Money/Fronius-establishes-subsidiary-in-Greece-main-focus-on-repowering

https://www.pveurope.eu/News/Markets-Money/Supportive-policies-needed-to-bring-down-high-capital-costs-for-PV-in-Southeastern-Europe

https://www.pveurope.eu/News/Markets-Money/Solar-financing-EBRD-adopts-300-million-renewable-energy-framework-for-Greece